BSE: 531778 | NSE: | Mining & Minerals | Small Cap
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Kachchh Minerals Ltd is a below average quality company.
The key valuation ratios of Kachchh Minerals Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Kachchh Minerals Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | -11.4% | -10% | -18.7% | -20.4% | -29.5% | 20.9% | 9.9% | 8.4% | 10.4% | -3.1% | - |
| Value Creation Index ⓘ | -1.8 | -1.7 | -2.3 | -2.5 | -3.1 | 0.5 | -0.3 | -0.4 | -0.3 | -1.2 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 1.2 | 0.5 | 0.4 | 0.5 | 0.3 | 0.9 | 1.1 | 1.2 | 1.2 | 0.6 | 3 |
| Sales YoY Gr. | - | -55.7% | -13.7% | 9.1% | -33.3% | 187.5% | 21.7% | 8% | -3.3% | -47.9% | - |
| Adj EPS ⓘ | -0.5 | -0.5 | -0.7 | -0.7 | -0.7 | 0.5 | 0.3 | 0.2 | 0.3 | -0.2 | 1.3 |
| YoY Gr. | - | NA | NA | NA | NA | NA | -45.1% | -14.3% | 33.3% | -156.3% | - |
| BVPS (₹) ⓘ | 4.1 | 3.6 | 2.8 | 2.1 | 1.4 | 1.8 | 2.1 | 2.4 | 2.7 | 2.5 | 4 |
| Adj Net Profit ⓘ | -0.3 | -0.3 | -0.4 | -0.4 | -0.4 | 0.3 | 0.2 | 0.1 | 0.2 | -0.1 | 1 |
| Cash Flow from Ops. ⓘ | 0 | 0.1 | 0 | -0.1 | 0 | 0.1 | 0.2 | 0 | 0.1 | 0.4 | - |
| Debt/CF from Ops. ⓘ | 2.8 | 1.7 | -10.9 | -3 | -9.7 | 8.6 | 1.5 | -23.1 | 6.5 | 1.5 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | -6.8% | 13.8% | -18.3% | -47.9% | ||||
| Adj EPS ⓘ | NA | NA | -186.3% | -156.3% | ||||
| BVPSⓘ | -5.3% | 13.1% | 5.8% | -7.1% | ||||
| Share Price | 24.8% | 83.8% | 92.1% | 76.2% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | -12.3 | -12.4 | -23.4 | -27.2 | -42.1 | 32.3 | 14.3 | 11 | 12.7 | -7 | 38.7 |
| Op. Profit Mgn % ⓘ | -22.2 | -39.7 | -83.4 | -66.6 | -101.3 | 34.1 | 16.5 | 14.3 | 20.4 | -0.3 | 31.2 |
| Net Profit Mgn % ⓘ | -24.4 | -48.1 | -87.7 | -71.2 | -117.5 | 29.1 | 13.2 | 10.6 | 14.3 | -15.4 | 25.6 |
| Debt to Equity ⓘ | 0 | 0.1 | 0.2 | 0.4 | 0.5 | 0.6 | 0.3 | 0.3 | 0.4 | 0.5 | - |
| Working Cap Days ⓘ | 498 | 943 | 941 | 733 | 1,000 | 356 | 339 | 352 | 401 | 642 | 56 |
| Cash Conv. Cycle ⓘ | 186 | 365 | 364 | 352 | 562 | 253 | 275 | 288 | 317 | 518 | 47 |
Return on Equity has increased versus last 3 years average to 38.70%
Sales growth is good in last 4 quarters at 2152.08%
Sales growth has been subdued in last 3 years -18.33%
Net Profit has been subdued in last 3 years -186.31%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 1.3 | - |
| TTM Sales (₹ Cr.) | 2.6 | - |
| BVPS (₹.) ⓘ | 4 | - |
| Reserves (₹ Cr.) ⓘ | -3 | - |
| P/BV ⓘ | 9.10 | - |
| PE ⓘ | 29.05 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 18.66 / 44.55 |
| All Time Low / High (₹) | 1.20 / 45.35 |
| Market Cap (₹ Cr.) | 19.4 |
| Equity (₹ Cr.) | 5.3 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 17.3 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1.15 | 0.51 | 0.44 | 0.48 | 0.32 | 0.92 | 1.12 | 1.21 | 1.17 | 0.61 |
| Operating Expenses ⓘ | 1.40 | 0.71 | 0.81 | 0.81 | 0.65 | 0.61 | 0.93 | 1.04 | 0.93 | 0.61 |
| Manufacturing Costs | 0.77 | 0.20 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.42 | 0.41 | 0.21 |
| Material Costs | 0.04 | -0.06 | 0.07 | 0.07 | 0.02 | -0.12 | -0.04 | 0.12 | 0.11 | 0.04 |
| Employee Cost | 0.07 | 0.06 | 0.07 | 0.07 | 0.07 | 0.12 | 0.16 | 0.16 | 0.09 | 0.14 |
| Other Costs ⓘ | 0.53 | 0.51 | 0.65 | 0.64 | 0.54 | 0.59 | 0.79 | 0.34 | 0.31 | 0.22 |
| Operating Profit ⓘ | -0.26 | -0.20 | -0.37 | -0.32 | -0.33 | 0.31 | 0.19 | 0.17 | 0.24 | 0 |
| Operating Profit Margin (%) | -22.2% | -39.7% | -83.4% | -66.6% | -101.0% | 34.1% | 16.5% | 14.2% | 20.4% | -0.2% |
| Other Income ⓘ | 0.12 | 0.11 | 0.11 | 0.07 | 0.02 | 0.01 | 0.01 | 0.01 | 0 | 0.01 |
| Interest ⓘ | 0.02 | 0.05 | 0.04 | 0.02 | 0 | 0 | 0 | 0 | 0.03 | 0.05 |
| Depreciation ⓘ | 0.11 | 0.11 | 0.09 | 0.08 | 0.06 | 0.06 | 0.05 | 0.05 | 0.05 | 0.05 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | -0.28 | -0.25 | -0.39 | -0.35 | -0.38 | 0.27 | 0.15 | 0.13 | 0.17 | -0.09 |
| Tax ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -0.28 | -0.25 | -0.39 | -0.35 | -0.38 | 0.27 | 0.15 | 0.13 | 0.17 | -0.09 |
| PAT Margin (%) | -24.2% | -48.1% | -87.7% | -71.2% | -117.0% | 29.1% | 13.2% | 10.9% | 14.3% | -15.4% |
| Adjusted EPS (₹) | -0.5 | -0.5 | -0.7 | -0.7 | -0.7 | 0.5 | 0.3 | 0.3 | 0.3 | -0.2 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 2.12 | 1.85 | 1.45 | 1.09 | 0.70 | 0.96 | 1.10 | 1.23 | 1.40 | 1.31 |
| Share Capital ⓘ | 5.21 | 5.21 | 5.21 | 5.21 | 5.21 | 5.21 | 5.21 | 5.21 | 5.21 | 5.21 |
| Reserves ⓘ | -3.09 | -3.36 | -3.76 | -4.12 | -4.51 | -4.25 | -4.11 | -3.98 | -3.81 | -3.91 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 0.05 | 0.17 | 0.32 | 0.41 | 0.34 | 0.57 | 0.36 | 0.37 | 0.58 | 0.63 |
| Long Term Debt | 0.05 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.52 | 0.57 |
| Short Term Debt | 0 | 0.15 | 0.31 | 0.40 | 0.33 | 0.56 | 0.35 | 0.36 | 0.06 | 0.06 |
| Trade Payables | 0.04 | 0.06 | 0 | 0.01 | 0.02 | 0.01 | 0.01 | 0.09 | 0.05 | 0.01 |
| Others Liabilities ⓘ | 0.07 | 0.10 | 0.02 | 0.08 | 0.25 | 0.08 | 0.17 | 0.10 | 0.01 | 0.01 |
| Total Liabilities ⓘ | 2.28 | 2.18 | 1.79 | 1.59 | 1.32 | 1.61 | 1.64 | 1.80 | 2.04 | 1.96 |
Fixed Assets | ||||||||||
| Gross Block | 1.90 | 1.90 | 1.90 | 1.90 | 1.89 | 0.50 | 0.46 | 1.97 | 1.97 | 1.97 |
| Accumulated Depreciation | 1.07 | 1.18 | 1.27 | 1.35 | 1.41 | 0 | 0 | 1.57 | 1.62 | 1.67 |
| Net Fixed Assetsⓘ | 0.82 | 0.71 | 0.62 | 0.55 | 0.48 | 0.50 | 0.46 | 0.41 | 0.36 | 0.31 |
| CWIP ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.29 | 0.29 |
| Investmentsⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventories | 0.45 | 0.51 | 0.45 | 0.38 | 0.37 | 0.51 | 0.55 | 0.43 | 0.32 | 0.28 |
| Trade Receivables | 0.11 | 0.02 | 0.02 | 0.09 | 0.19 | 0.31 | 0.37 | 0.70 | 0.83 | 0.39 |
Cash Equivalents  ⓘ
| 0.12 | 0.16 | 0.21 | 0.06 | 0.06 | 0.09 | 0.12 | 0.11 | 0.10 | 0.51 |
| Others Assetsⓘ | 0.78 | 0.77 | 0.48 | 0.51 | 0.21 | 0.21 | 0.14 | 0.15 | 0.15 | 0.19 |
| Total Assets ⓘ | 2.28 | 2.18 | 1.79 | 1.59 | 1.32 | 1.61 | 1.64 | 1.80 | 2.04 | 1.96 |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 0.03 | 0.12 | -0.03 | -0.13 | -0.04 | 0.07 | 0.24 | -0.02 | 0.09 | 0.41 |
| PBT ⓘ | -0.28 | -0.25 | -0.39 | -0.35 | -0.38 | 0.27 | 0.15 | 0.13 | 0.17 | -0.09 |
| Adjustment ⓘ | 0.11 | 0.14 | 0.11 | 0.08 | 0.06 | 0.05 | 0.04 | 0.05 | 0.07 | 0.10 |
| Changes in Working Capital ⓘ | 0.19 | 0.23 | 0.24 | 0.13 | 0.29 | -0.25 | 0.05 | -0.2 | -0.15 | 0.41 |
| Tax Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Flow From Investing Activity ⓘ | -0.05 | 0 | 0 | 0 | 0 | -0.08 | -0.01 | -0.01 | -0.29 | -0.01 |
| Capex | -0.05 | 0 | 0 | 0 | 0 | -0.08 | -0.01 | 0 | -0.29 | 0 |
| Net Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.01 | 0 | 0 |
| Others ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.01 |
| Cash Flow From Financing Activityⓘ | 0.02 | -0.08 | 0.08 | -0.02 | -0.01 | 0.03 | -0.20 | 0.01 | 0.18 | 0 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | 0 | 0 | 0 | 0 | 0 | 0.03 | -0.20 | 0.01 | 0.21 | 0.05 |
| Interest Paid ⓘ | -0.02 | -0.05 | -0.04 | -0.02 | 0 | 0 | 0 | 0 | -0.03 | -0.05 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 0.04 | -0.03 | 0.12 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Cash Flow ⓘ | -0.01 | 0.04 | 0.05 | -0.15 | -0.04 | 0.02 | 0.03 | -0.02 | -0.02 | 0.41 |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | -12.24 | -12.38 | -23.35 | -27.16 | -42.06 | 32.25 | 14.33 | 11.33 | 12.72 | -7 |
| ROCE (%) | -10.96 | -9.37 | -18.1 | -20.1 | -29.4 | 20.97 | 9.89 | 8.64 | 10.86 | -2.36 |
| Asset Turnover Ratio | 0.45 | 0.23 | 0.22 | 0.29 | 0.22 | 0.63 | 0.69 | 0.7 | 0.61 | 0.31 |
| PAT to CFO Conversion(x) | N/A | N/A | N/A | N/A | N/A | 0.26 | 1.6 | -0.15 | 0.53 | N/A | Working Capital Days |
| Receivable Days | 75 | 47 | 20 | 45 | 163 | 99 | 111 | 162 | 239 | 365 |
| Inventory Days | 148 | 341 | 398 | 314 | 426 | 173 | 172 | 148 | 117 | 178 |
| Payable Days | 1,289 | -284 | 155 | 20 | 253 | -38 | -52 | 149 | 231 | 266 |
Kachchh Minerals is engaged in the business of mining, processing and marketing of minerals. It was incorporated as a private limited company on April 22, 1981 and converted into a public limited company on June 28, 1994. Earlier known as Kutch Minerals, it got its present name on December 29, 2004.
Located in the Kutch district of Gujarat, the units process china clay, fire clay and silica sand with an installed capacity of 15,000 MTPA china clay. The products find application in the ceramics, paint, paper, pharmaceuticals, glass manufacturing, foundry, and other industries.
Kachchh Minerals is headquartered in Kachchh-Mandvi, India.
Business areas of the company:
Kachchh Minerals engages in the production and supply of KM Bentonite, colloid clay, worldwide. It also offers viscosities for oil and gas drilling well fluid liquids; foundry sand binders for metal casting; binders for taconite iron ore pellets; sealants for municipal, industrial, and hazardous waste containment; and industrial hazardous waste solidification, as well as various other custom-engineered products. The company’s Bentonite has applications in various industries, including coatings, cements and plasters, water impedance, insecticides, adhesives, insulation, porcelain, paper, sewer pipes, printings, ceramic, pencil manufacturing, agricultural feed, iron ore, construction, and detergent.
Clients:
Hindustan Unilever, Pedder & Pedder Tiles, Hitkari Potteries and Eagle Ultra Marine Industries.
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Download APP
